The licensing move operationalizes Vietnam’s crypto pilot, though regulators have yet to confirm receiving or approving any exchange applications. Vietnam began accepting applications for licenses to operate digital asset trading platforms, marking the operational start of the country’s long-planned pilot program for a regulated crypto market. The State Securities Commission of Vietnam (SSC) officially opened the licensing window on Tuesday, following the issuance of new administrative procedures under Decision No. 96 by the Ministry of Finance of Vietnam, which implements a resolution on piloting a regulated crypto asset market. “Applications for the aforementioned administrative procedures will be accepted beginning January 20, 2026,” the SSC said, framing the move as part of a broader effort to bring crypto under formal regulatory oversight. Read more
The initiative comes as enforcement actions and pending market structure legislation raise questions about how privacy tools and open-source developers are treated. The Bitcoin Policy Institute (BPI), Fedi and Cornell University are launching a two‑year study on how Americans view financial privacy, the trade‑offs they will accept and how regulation shapes their behavior. The initiative brings together a Bitcoin (BTC) wallet company with an academic center and a policy think tank, aiming to connect how privacy tools are built, researched and ultimately governed. According to Fedi and BPI, the research will combine quantitative surveys with qualitative interviews to examine attitudes toward financial privacy and their evolution. Read more
Bitcoin’s onchain structure “remains fragile,” said Glassnode, warning of a prolonged consolidation period ahead for BTC price. Bitcoin (BTC) price could be in for another prolonged period of consolidation if key support levels are not reclaimed, a new analysis reveals. Key takeaways: Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed. Read more
The company also plans private debt-for-equity swaps for some holders of the Semler convertible notes that may shrink its offering size. Strive, an asset manager co-founded by former US presidential candidate Vivek Ramaswamy in 2022, plans to raise as much as $150 million through an offering of preferred stock, with proceeds earmarked for debt repayment and Bitcoin purchases. Strive said it plans to sell shares of its Variable Rate Series A Perpetual Preferred Stock, trading under the ticker SATA, according to a Wednesday announcement. The company said the capital raised, alongside existing cash and potential proceeds from unwinding hedging transactions, would be used to pay down liabilities at its wholly owned subsidiary, Semler Scientific. This includes repurchasing a portion of Semler’s 4.25% convertible senior notes due in 2030, as well as outstanding borrowings under a master loan agreement with Coinbase Credit. Read more
BitGo priced its IPO at $18 a share and expects NYSE trading to begin Thursday, with SEC filings showing major holdings by founders and early investors. BitGo Holdings, a cryptocurrency custody company, announced the pricing of its initial public offering (IPO) ahead of its shares’ expected debut on the New York Stock Exchange (NYSE). The company priced its IPO at $18 per share, above the earlier indicated marketing range of $15 to $17 per share, according to an official announcement by BitGo. The shares are expected to begin trading on the NYSE under the ticker symbol “BTGO” on Thursday, while the IPO is expected to close on Friday, subject to customary closing conditions. With about 11.8 million shares of Class A common stock being offered, the IPO is projected to generate about $212.8 million in gross proceeds at the set price. Read more
Crypto traders often view negative funding rates as a strong buy signal, but several data points suggest ETH investors have good reasons to remain risk-averse. Key takeaway: ETH faces selling pressure as $480 million in liquidations and falling network fees impact investor confidence. ETH’s negative funding rate may play a role in a potential rebound rally. Read more